|
„+i a�.�.�+�7snenn .. .�.�,..,�:, -- . . ...
<br /> ��y�•n •�. MRriN.T'^1'MbMSwCMJhWf111�tlRMV...A.. � - n ..
<br /> �
<br /> . �11s�wY�1�'T�”' ___..._�.wlY�r"vvti'isn-sw�M�l .""., ��� . / , -
<br /> rT , �'Pt«
<br /> . '..� . • tiftt`n .
<br /> ,. .� :.,ti1 s�� S '�
<br /> i_
<br /> _ ...... ..'. y.
<br /> . .. , , . . .y�_ .. 44 j��i
<br /> '��1�� � '
<br /> e..�_.�. ,--, { � � R�.�_�_ .
<br /> .. =waw,�u _ —��u,v�,n��'on�'T��n^+c��•�-,r�c�r8-,a�� �....�..��..
<br /> �
<br /> ,.r..
<br /> . .._ .v.�lTv�',�q�^[�Y .J:�vca ��-ss:t�����.rru�nn•1[E'�YFKw�r'rswaww9�°�Y`� -r�u�r•
<br />..'_ . .—_—i.__ —:. " . __'— _ _ �.'__'�t7".�'IY�RL�^JdFNl�_..e��.�_�....w..��e�����e
<br /> ._..+�+��r'J�1m . - . .� . .
<br /> 'J .. . � . � , . ��fi.,
<br /> � , , '•' �. . .
<br /> , � .
<br /> , �.. �, r. ,. t : .. r• r., , . , . ,... ., , ..
<br /> f �.�: " -_.-_.._. :t:.:..�.. e..,.' ,�'�.�;....:�.Sr_._..�...� t_.,tL__.._�:_:_�' - _._., � ' _ • . ..
<br /> � i �t; � . ' .' i n�: ht,v �oir1'p S�d•r�.}t.?itid(t:vf.TJ ificl�7t� E, nt��al in,�n�.����or�i•�tL9 e���-nsi iRi:<.t c f ;3 d�r•_st.�:.�i:5.j ' _ -':.:
<br /> - �I,fi�.l��' :I.�L llt.'JQ i•1�'t.^d�f: . �, . �i qt . �," i S� �t r r'� , ..
<br /> ___���,'�.���,� �,�t t�Huer a�r�xuu►e�nw gt3retu�bd jiuy�'r�nt w��u ttw sa.:urrd da�t is ps�.i;n trq, --
<br /> = 2.Ck�Ay�+t�?t�.Yrxtow��i��Y MI ax�wunarttn,yrxy a�lxr cl:wg�o�tV/bui^�blo tu�i�i)xopa�r.�•n4rn�.ai s.d W:k 4eFe�x!i:Us —
<br /> to+�propartY ap�liwG ari/�Mn►�,MOIil��ths Ynv !t� tlw dMd nt truot.L�nd�f n►rY ral�iw �roww tb�M+y�+rnY r�h�+.Wlnw a u. _
<br /> -- -----'„;�'j . 4RT8�3L"i8 VYi"A:i[tn��i;v;wi i.:�, _...'.-�•r....n, _- -,d......�..w W...r�n..triil.tn few�.w au rt++�tlr,we�r..tiv_ _ _.
<br /> _�.�.�
<br /> ,— --
<br /> ---------- � -
<br /> y.�.fAOnotwK wiq kwp S1S�p'�pM4Y kwu�d iN►{p1 trr►rfi�46�piit�it to LiMlM IR N�6��►�QWaf'�}titp�fMw ana ttx 6tnoin�a n�rr+n.,, ■
<br /> � iMiMMiG pOYC�M M��N NO[4Ud�A itMM�Md�r�il{M1li kl fM'IK Oi IdHld�f.�ifldM YM��/IMIfMOl1�fOM�d M i1W kIMY�d pt�f191�
<br /> kru►�poYcY.Any k�'anGe�proo+Nds mwy�bs wkt�in Lw�ds�'�dl�i��tlon,ta tf»rKtoeatksn a�rp�ir af tf»damMp�d'+roi�Y
<br /> � or to YM��ax�d ef�h¢.1f�a�•der rpuiia mort4+�ps�iww.Naroww sprM►�tu rnaNiuin�uu�'ti lrnurwyu iSM'��k'�+ft A+�4rre�►raq��NS�.
<br /> -"� 4.hoperty.Boriuw�wiN 6c�ep tM{xap�rty k�quM cu�ditbr��nd mak�atl ceRain roaoonibly Mearwy. _
<br /> B.p.xy�►weo.F)orrowK�ka to pAy ai9 Le��r'}sx iyre� IncM:dirfq rnscHwWo ettern�yi'fa��.lf BortGwar(otaak�orty puw�nanU In thin dNld .
<br /> __- - ---
<br /> cf trurt a in my obNpriion tetiunnA by thh deAd of�uRt.�arcrovnr wfN p�y tMs�emourrts to L,sndK�s provi�Md►n CAwrulnt S of tIw ds�d of
<br /> -- tft4tT. , , ' . . . -. .
<br /> --- 0,priar R�qr}�y InR�p�t�,tlnt��n Horra1+vsr tN�t obt�fid LervJa'a writtm contsnt,Borrawac wiit not rruk� or permk�ny ch��w arc�prbr
<br /> •ecwity k►tx�au. Barowrr wiM r►etforM a!I of Barrow�r'�obllq�tlon�undM any pNor mortgqie,doed af iru�t or ovtw �es+xhY ss,rsc+rwr+t, ,
<br /> tnckMlnp Brxrower'r�t�v�nards Ya msko payrnento wh�n dus. • '
<br /> -- -' 7.Ilisaip�w».mt of Rsnt�and ProRq.Borrowee ea�lyni to Lertdnr the ronta and peofits ot the propnrty.!lnlcsa Horrawrr and Lender hava nqread
<br /> otMrw(a� in m�in�,9otrowsr may colkct end rsteln tI�rann es Mny as&.trawer la not in da(�uit.1t 8urrower dnfnufGt, 4.s�s�Ser,.tnnQar'r
<br /> y�rt, a a co�xt appo{nted rrcelvsr mRy uke pas�esaisn and m�n�tt�prapKty am1 cwll�ct ttx rann. Any nnta isr�der colleet�a ahe11 bR
<br /> ---'"- �q�d first to the co�h mP��neGlnS1 ths prup�rty,Inc7ulinn COLTt COiL6�II)fS ittOifiET/f'fae�, commf��Ion�to reritdr�nu, end anY oth�r
<br /> n�cyacary ceSat�d a.Ynenimv.l o�a romnlflillg�t110U�1t 01 ibn;��vill ther erpply to psymnnts on ttue esr.ured de6t ee pravlchd in CovonaM t.
<br /> - 6,��s�Aa9�;�,une�onirdurn�;p�apxs�d tDni9 E1m»3oprfaRtir.Borruwer aDra��s to comply wlth t8e pro•dsicne uf ony�etso,l!9b(t deed r,f Rrust ls an
<br /> a k�arAoWl.I�tMs�ad e�f trust t�on�ufii3 in�eondomfnh�m or e wla��cr,atl unit devefepment,Boma-+�ver vNlll psrtorrt?.�g�of Borrowe:4 dudes
<br /> f�--,,,�� und�r.he r.aaeria�ta,bylaawa,�►rsgutationa�9 tha cond�mfnium or ptann�ttl'ynti flevclonmens. • ' J;,. • .,; •• _�
<br /> y--�! 5�.Na�iwrixy a�L�►rik Yo,i�p�Yae�rm sa►sCrtav;ar.ZY BDif•13VIflr.lq',�A t0�,�8�19ISrS iSTI}�[17 ASi)SfiO��N9T S OUt.tF77I U�fuvl Uii�ti 7 1 y`,��:�.,:.��v' r.:�. _
<br /> ',;,�►torm tlN+c3utleo a�n�s:�er!num•aa bn pqrform:ed.Lerr,zd'nryrrr�y di�h�o�rt+Wrr'a nnme Gi:,pny AJIy Wri61J�1.11 Ik'SCgt�ilt�}A�(36t/flfrt18i7C8 1�h���� --
<br /> +��'��` r ,� .r,.mnrhu�in�onthb rppn�t?;�!%a!tac�ntin:�oc1¢r not onrrirr�i an•.in a�•raeao�i hb(e m�rnr�cr,LW�liI0/T111i}/d0 WI181Qt'Ot IH PI�JCUS�i1�1J LO(N6t6G�LC f 1{�lir�'
<br /> , 'aecc�r!ty ir�xur�z4,in�'pcoPctNi ii�is ry��9;ynplu9a campin2,n�'.7:��bn�'nu�l,7n. . � � , � �.'
<br /> _ ""�••��++` ' lender's-:atlur.ato pe�foem wlll not precliyzlo'1otYder hom exer+�latpg wny b'f'nsother rlph4o unelc�rtlhe Ir�r��rthle deed of��ttuat,� � �'� ' � •: • "°-
<br /> ���-.:��.%� Any emounts•p�id by Lender to pcotnct Lender's s9curity Interoat wlll bn eocurod by thEe deed uf uwst.5uch amounis wlll�o duo 4ii dsmarui
<br /> - �nd wi!i bnar interost lrom tho d�te of the paymant until peld in fu11�t the intereat rata in eHect on the securod debt. � '
<br /> __-.�,s��v
<br /> ---"`-=�'-�.,,...�-.�� 10. Dsfwit�nd Ace�fxatl�. ti Borrower fslli to mske eny peyment when due ur breek�eny cuvonents urxfer thfe deed of truat or arry
<br /> --' .�,,,__.�,,,!.._,�,.,�r...�w� ,�d�f m,et nr eny prtor martpege or deed of vuot,Lander maY ncsebrata tl�u maturlty of the se�urod dabt and =_
<br /> -����'�� �,�+:.;.i�rzi�it:rw n5ym.m.nd msy tnvolce the pnwer ot ute ertd anv atflcr�omaltr�petmii4ed bV�AP�ItceB�[e tmv.
<br /> -:,a_•�f�:'�.S�L�'4�
<br /> _�,.��.-,��,; 17.R�qu.•e t«Nw1c•ot O.f.u1c.!t f�heroGy requested that copie�oi t9�e natices of defevtt end eate Da sen2 to each percan who ta a parcy
<br /> .-:�.i. h�fOtQ��t the eddr���01 eacb such peraon,�s at forth h�reto.
<br /> ��''� � 12.Po�w�r M BM�. If thr L�nda Invakq�ths power of s�N, tM Tru�ta ah�ll tint record(n th�aftics of tM�epl�ter of de�da of�ach county
<br />"��'�M�y wh�rstn tFu trwt proputb ur sorr�pet a parc�!theaaf 4�Ituvted�notiee o4 datoulf Corrtalnln tM intorm�tlon rpuksai by:�w.Tf»Tru�t�o
<br />=�:,.N��;'�. �h�ll atw mall copk�o}the rtutica of d�tault to tM Barow�r,ta��ch p�roon who le�p�rty��to,ortd to u1Mr p�rwna��pn�crW�d by
<br /> ��Y:�.�gL;,�,; appiicaD6e l�w.Not ku thln on� montb�its�ih�7�ustue �1co►dY ths natic�of d�f�uk or two momhs If ths tra�t proMrty Ir not N�any
<br /> � kroorpot�tM city or WNW��nd I�u�ed fn fxnd��p ap�ratlune cert�d on by th�trusta,tM'Fru�tsa�h�ll plr�publln notie�of�eN ta ths p�rwna
<br />-�=�3'�a.4-r.",'�3� �nd In tltr rnuwMr pruc�riMd bY spppAc�bNi f�w.T�u1►tN,wlthout bfmynd on Butrow�r,�h�A rell tho pro�riy at publio auctlan to ttN MqMtt
<br /> .?.•.�,y.v�•� Wddw.lf rbquk�d by tM FKm Hotnnts�d i�ot�ctbn Act,Tru�tw ehall eiiK tM propari In two I�p�nt� ��ri t�qultW by�pptia�Wo I�w.
<br />.'��•� TrwtN mry po�tpon���of el!a eny pKa�l of tl�property by publlc ennouncsmcnt af th�tim�on�plae�of any previou�ry echodut�d�at�.
<br /> ."'�`. �� LenQer ct lu d�e�yno�mey purcheas tM prop�rty s4 eny��k. --a--
<br /> - � � Upon rocelpt o}p�ym enl of the prlca bld,Tru�te��hUl delive�r to 4he purch�ter 7ruatee's daed conveylnp the pro�erry.The r�cltiits contalr►td In -"-r
<br />�_�_�"�`t� Tru�ta�'�diod�h�ll b�prtm�taele evidienee o}the truth of the stetementy contalned thereln.Truttee ah�!I epply the proeaedr o}tho�ete In che """"-
<br /> ��.�_._ fotbwirp orde: I�i ta 411 �xpmt�� oT tl�s �tt�, Inctuding, Eut not Ilmttad to, �eaaonibte Trwtoe's foer, reasannEte ettornowa foee end �
<br /> �_��,,� ntn�tatertNnt f��r,lb)to atl tuma acwod by thl�d�ed o}tru�t,end(cI tha balance,It eny,to the peraon�lepally entltlod tn recelv�it. ��
<br /> .��-}s-���� 13.Fonclowr�.At Lendnr'e optlon,thfa deed of trust may br�foresctosed in the mnnner pravtd�Gy a�pllcoblo law for�:rt:;as�re ot mortgapes G�"';��
<br />-.-"n""",==:'�`. an roal ro -,-.,
<br /> D Pe�Y• �--'
<br /> .E,r,�,����. 14.Iniy�ctla► Lender may ente►the property to Inapect It ff Lender plves�o�rower notica bofarohand.Yho nottco muat ctato tho rovsonabto � �;
<br /> cau�s tor l.ender'�inepeedon.
<br />---_�..W-�,�;G71�4�'�:. --y,-�-
<br /> - •• 76.Candsnw�atlon.8orrower easlg�ne to Lender theprocuoda of eny avrard or clalm tor damafles conns�cted wlth e condemnatton or other taktng
<br /> - . of ell ar any part of the proptrty.Such ptoceeds wlll be eppliod as provlded In Covenant 1.7hls asalgnment Is Fubjoct to the torms of eny prlor
<br /> securlty egreement. -
<br /> ..,..
<br />-__ _ ;::� - 1tl.Walvar.Qy exercislnp eny remodV avatleblo to Lender,Lendar doea not tilve u�eny rfphte to later uae eny other remody.By not exorclsing __
<br /> �� eny remedy upon Borrnwer'e detault,Lander doea not vra(va any r(pht to lator cqns dar the event a defautt(f It happens agel�.
<br /> �' ... ..� ..
<br /> � 77..lotnt �n�1 S�wr�i LEat9kty; Co-atare�n; Succ�tior�u�d AsNpns l3ound. All dutl�a under uNs doed of truet uro�oint ond savoral. Any
<br /> � " Borrowa� wha co-slpns the dood of uust but daes nat co•alpn tha underlyInB dobt Instrumontle} doos ao only to Qrant end convay that �A.
<br /> _ � Borrower's Interest In tho property to the Trusteo under the terme ot thls deed of trust.In edditfon,such e Borcowor ngraos that tha Lendar and
<br /> " � any other Borrower under thla deed ot trust mey extend,modi ar meke eny other cheni1es In 4Ao torms of thie doad of trusT or the socurad
<br /> • - debt witivaut tfint�ortower'e conaent en�!withaut reteaatng thet��rrower from the torms of tt�la deed�}truat.
<br /> _ Tho duties ond b9netits of thls dead o}trust shell Etnd and bonefit tho uuacocsore end acslpna of Lender ond Borrowor.
<br /> °'' 16.�8at9c�.Unless otherwlse requlred by tew,nny notico to�orrower eholt ba g+uon by dallvering tt or dy malOng h Dy cercfflnd moll oddrassod to �
<br /> . Darrowor at the proporty nddreaa or any othot addross that Qorrowcr has gIvao to Lander. Borrower vrftl gtvo eny notice to Lender by certlfied
<br /> . ' mail to Lnnder'e eddreas on page 1 of tfifa deed ot truat,or to eny other addrose which londa►P�as destynated.Any othar noUce to londer shal!
<br /> bo sont to Lender's eddrese es etatad on pago 1 of thla doud of wst.
<br /> � Any noUce shell�u deen2od to hava 600n plvon to Borrowor or Londar whon ptvun In tho manncr ctatod cbovo.
<br /> • �- 19.Transta o!th�Prop�rty ar e Beneflclef lntK�at In the Bortowat.If ell or a�y part of the properri or e»y(nte►est In k Is sold or trRnsferrod �
<br /> � �vithout Londar'o prlor wrltton consont, Lendor may demand fmmodlnto peymont ot tlie aecurod dabt. Lendcr may elso domnnd immedlato
<br /> . , damandtpa�ont�ln(tho aL'ovo eltuntlons�ft It�s prohlb tod by f adoral law oe of tho dato�o}thie doodloi trust nstorrod. Howovor. Londer moy not
<br /> � 20.Recanvoyance.Whon tho obligntlon oocurad by thi3 do�d of truet hns bcan pnld ond Londor ha3 no furthor obtipatlon to mako advuncos
<br /> � .�,rno tnatr�mnmm�r narmmnnm cncurnd 6v thla dned ot trurt Uin 1'rustno nhnlf.unon�vritton raauuat bv tha Landnr,roconvov tho vust
<br /> propony.lrio londcr ohnll aotivcr to tho Borrowor,or ta Borcowor'o cucceacor 6n Intorooi,tho vust dood ond tho noto or othor ovidonco of tho f
<br /> ohtlgat!�sn co oatl�fiod Borrowor chall pay nny racordatlan cocto.
<br /> 0
<br /> 21. Succ��sor 7mite�. Landar, ot Londor's optlon, �nay romova Trustao and oppofnt n cuccoas�r uuctoo by first, maiHnp a copy of tho
<br /> cubstiiutton o}trustoo os�oQulrod by nppticablo Inw,and thon,by fillng tho subatltution o4 tru5tao for recard In the oKico of tho rogistor of dooda
<br /> ot aach caunty In whfch tho nuot proporty,or como pnrt thoraof, Is sltuntad.TP10 BUCCOu5Q►tfUSt00, without cor,�oyenco of tho proporty,6hAll
<br /> , auccaud 4n all tho nowar,clutloa,eutharlty and titlo ot tho T�ustao namod in tho dood of irt�st and of ony succossor crus,ao.
<br /> ;:��:. :
<br /> 4�t.;;t:.
<br /> V � • lPngo 2 of 21 I
<br />- �� UANKEIi36V8TEM9.INC..BT.CL6UD.MN 60901 N-800�397•23111 FOWIOCP�AttiNE O/IB/91
<br />
|